Will Everybody Need Advanced Estate Planning?
Aug 30, 2010
The bad news is that the Estate Tax, or "Death Tax," is a confiscatory tax on inheritance with rates as high as 55%. The good news is that everyone is entitled to an exemption from the Estate Tax. Ove...
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Protecting Your Home
Aug 30, 2010
Even in todays market, your home is likely your most valuable asset. It is also your most important asset. Not only does it provide necessary shelter and comfort, but it is an outward manifestation of...
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Children: A Reason to Plan NOW!
Aug 30, 2010
Four days ago, I had the honor of experiencing the birth of my first child. (Admittedly, my wife "experienced" it a bit more than I did.) At that moment, I suddenly understood all the clichs about hav...
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Reverse Estate Planning
Aug 30, 2010
When most advisors and their clients consider Estate Planning, they look "downstream" to future generations. They think about how to structure the Estate Plan so as to provide for children, grandchild...
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What can a Certified Legal Specialist Do for You?
Aug 30, 2010
When the legal world was simpler, it was common for attorneys to be "general practitioners" who practiced in an array of legal areas. The same person who drafted your Will would also handle your divor...
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Yankees Owner Gets Away With It Again!
Aug 30, 2010
Over the past several months, I have written several columns about the impact of the 2010 Estate Tax rules. In summary, there is normally a Estate Tax or "death tax" on inheritances. The Estate Tax is...
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Incorporating Savings for College in your Estate Plan
Aug 30, 2010
The cost of higher education in the United States is staggering and is climbing rapidly each year. This fact combined with the scheduled dramatic reduction in the Estate Tax Exemption starting on Janu...
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Traps for the Unwary
Aug 30, 2010
Most Americans have never done their Estate Planning. Everybody knows that human beings are mere mortals and that it is a good idea to plan for the event of incapacity or death. However, for most peop...
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Maintaining Your Prop. 13 Tax Base
Aug 30, 2010
Most real property owners in California have at least a rudimentary understanding of Prop 13, the landmark legislation passed by voter referendum in 1978. The concern that prompted Prop 13 was dramati...
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